High Street, Gosforth, Newcastle Upon Tyne
SA

High Street, Gosforth, Newcastle Upon Tyne

By Sanderson Young

£ 475,000

Reviews

2 out of 5 stars

Sanderson Young says ..

**PRICED TO REFLECT FULL MODERNISATION THROUGHOUT! **Substantial, Edwardian Terraced Family Home Boasting Nearly 2,300 sq.ft of Internal Living Space, with Two Reception Rooms, Breakfast Room, Kitchen, Five Good Sized Bedrooms Including a Wonderful Full Width Drawing Room/Principal Bedroom, Bathr...

Property Oracle says ..

This substantial Edwardian terraced house in Gosforth, Newcastle upon Tyne, presents a unique opportunity but requires careful consideration. The property boasts impressive size (approximately 2,239 sq ft), offering 4 bedrooms and 1 bathroom, substantial living space, and original architectural features. However, the property is in need of significant modernisation, as evidenced by the provided photos which show a dated interior and elements of disrepair. The kitchen and bathroom are especially in need of updating, and general cosmetic upgrades throughout are necessary. The small, neglected backyard provides only limited outdoor space. While Gosforth is a sought-after area with excellent schools and amenities, the considerable renovation costs needed to bring this property up to a modern standard will represent a substantial investment. Buyers should factor these costs into their overall budget before committing to a purchase, considering the overall cost of renovations alongside the listed price. The location is undoubtedly a strong asset; however, the overall condition impacts the value proposition significantly.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
8
Land
2
Bedrooms
4
Bathrooms
1
Sqft (est)
2,239.97
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Leaflet © OpenStreetMap contributors

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
537,186.00 £
Increased by 33.28 %
from 403,057.00 £
Est sale value
752,629.92 £
Increased by 10.53 %
from 680,950.88 £
Average area rental value
2,264.00 £/mo
Increased by 84.97 %
from 1,224.00 £/mo
Est letting value
2,239.97 £/mo
from 0.00 £/mo
Est rental Yield
5.06 %
Increased by 39.01 %
from 3.64 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Sanderson Young marked this listing as sold.

  • Sanderson Young created the listing.

Nearby Schools

NameTypeOfstedDistance
Newcastle School For BoysOther Independent School0.73 KM
Archibald First SchoolFoundation SchoolOutstanding1.01 KM
Westfield SchoolOther Independent School1.09 KM
Gosforth Junior High AcademyAcademy ConverterOutstanding1.12 KM
Gosforth Central Middle SchoolFoundation SchoolGood1.15 KM

Images

Photo 1 Photo 2 Photo 4 Photo 5 Photo 6 Photo 8 Photo 12 Photo 9 Photo 3 Photo 11 Photo 10 Photo 7

Nearby Streets

NameAverage PriceAverage SqftDistance
Back West Avenue £ 000.00 KM
Elsdon Road £ 000.00 KM
Beechfield Road £ 000.00 KM
Linden Avenue £ 1,200,00000.00 KM
Furzefield Road £ 1,375,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Manors7603MAS3.44 KM
Newcastle7728NCL3.54 KM
Dunston7744DOT6.13 KM
Metrocentre7725MCE6.91 KM
Heworth7766HEW8.84 KM

Nearby Listings

AddressPriceTypeScoreDistance
High Street, Gosforth, Newcastle Upon Tyne £ 475,000BUY5 / 100.00 KM
High Street, Gosforth, Newcastle upon Tyne £ 600,000BUY7 / 100.05 KM
Roseworth Avenue, Newcastle Upon Tyne £ 595,000BUY6 / 100.11 KM
The Poplars, Gosforth, Newcastle upon Tyne £ 550,000BUYUnknown0.15 KM
Great North Road, Gosforth, Newcastle Upon Tyne £ 390,000BUY8 / 100.16 KM

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AddressPriceDistance
8 Moor Crescent £ 417,5000.12 KM
3 Moor Crescent £ 620,0000.12 KM
19 Moor Crescent £ 1,025,8000.12 KM
32 Moor Crescent £ 450,0000.12 KM
18 Moor Crescent £ 750,0000.12 KM